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Bit Digital Q2 Net Loss Widens, Revenue Rises
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Bit Digital Q2 Net Loss Widens, Revenue Rises
Aug 19, 2024 2:18 PM

04:55 PM EDT, 08/19/2024 (MT Newswires) -- Bit Digital ( BTBT ) reported a Q2 loss late Monday of $0.09 per diluted share, widening from a loss of $0.03 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.03.

Revenue for the quarter ended June 30 was $29 million, up 220% from a year ago. Analysts expected $26.6 million.

Shares of the company were up about 4% in after-hours activity.

Price: 3.1200, Change: +0.13, Percent Change: +4.35

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